Key regions: Japan, Philippines, United Kingdom, India, South Korea
The Other Dairy Products & Eggs Market in Israel is experiencing minimal growth, influenced by factors such as fluctuating consumer demand, increasing competition, and changing dietary preferences. Despite these challenges, the market continues to expand due to the growing popularity of alternative dairy products and the rising health consciousness among consumers.
Customer preferences: The growing demand for plant-based alternatives in Israel's dairy market reflects a shift towards healthier and more environmentally sustainable choices. This trend is further fueled by the increasing adoption of vegetarian and vegan diets among younger consumers. In addition, there is a growing interest in traditional Israeli dairy products, such as labneh and goat cheese, as consumers seek out more authentic and culturally significant food options.
Trends in the market: In Israel, there is a growing trend towards alternative dairy products such as plant-based milks and non-dairy yogurts. This trend is driven by a rise in health consciousness and dietary restrictions, as well as a push towards sustainability and animal welfare. As a result, there has been a significant increase in the availability and variety of these products in the market. This trend is expected to continue, with consumers seeking more diverse and environmentally-friendly options. This presents opportunities for industry stakeholders to innovate and adapt to changing consumer preferences. It also highlights the need for traditional dairy producers to consider diversifying their product offerings to stay competitive in the market.
Local special circumstances: In Israel, the Other Dairy Products & Eggs Market is heavily influenced by the country's strict kosher laws. This means that dairy products and eggs must be produced and processed according to specific religious regulations, which can affect the availability and pricing of these products. Additionally, Israel's small size and high population density contribute to the demand for locally produced dairy and egg products. The country also has a strong tradition of dairy farming, with many small family-owned farms producing high-quality products. These factors create a unique market dynamic for dairy and egg products in Israel, setting it apart from other markets in the global Dairy Products & Eggs Market.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by macroeconomic factors such as changing consumer preferences, government regulations, and global trade policies. Countries with stable economic conditions and supportive regulatory environments tend to experience higher market growth compared to regions with economic instability and strict regulations. Furthermore, the growing demand for healthy and sustainable food options, coupled with the rising population and disposable income, is driving the demand for Other Dairy Products & Eggs in Israel.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.
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